Mongolia can make MNT 2.2-4.3 trillion by implementing 'Cashmere' program

2018-03-13 11:05:42
Ulaanbaatar /MONTSAME/ Mongolia will implement 'Cashmere' program for 4 years with two stages.

As a result, more than 5500 jobs in the textile industry will be sustained and more than 3,600 new jobs will be created. Also, production and export of final products are projected to grow by 5.7 times.

As of last year, Mongolia has produced 5413 tons of scoured cashmere, 509 tons of dehaired cashmere and 915 thousands of knitwear.  90 percent of them were primary processed and 10 percent were final products such as textiles and knitters.

By implementing the "Cashmere" program, it estimated to be possible to export 19.8 million textile and textile products worth MNT 2.2-4.3 trillion.